Valley leaders are on edge as the deadline approaches for President Biden to decide whether to approve Nippon Steel's takeover of U.S. Steel.

President Biden has just over a week to decide how he wants to move forward on Nippon Steel's proposed acquisition of U.S. Steel. CBS News White House reporter Willie James Inman has more on that and some of the other big news coming out of the Biden administration.

Japanese steel producer says it remains confident the acquisition “will protect and grow United States Steel.”

Financial writer reporting delay in Nippon Steel's $15B US Steel purchase as decision awaits from President Biden.

AND JUSTIN THIS AFTERNOON NIPPON STEEL EXTENDING THE CLOSING DATE FOR A PROPOSED SALE OF U.S. STEEL. IT’S NOW THE FIRST QUARTER OF 2025. IT W

Nippon Steel's $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said he opposes.

U.S. regulators failed to agree on whether to allow Nippon Steel's $14.9 billion purchase of U.S. Steel, passing the decision to President Biden.

Mayors, including Gary Mayor Eddie Melton, wrote a letter to President Joe Biden that urged his administration not to block Nippon Steel's proposed $14.9 billion acquisition of U.S. Steel.

Nippon Steel announced it has extended the closing date for its $14.9 billion acquisition of U.S. Steel to the first quarter of 2025, as President Joe Biden considers blocking the deal. The merger has faced opposition from the United Steelworkers union and politicians,